Forums
CA final registration
Others
answered on 14-Mar-25 20:27
I've registered for CA final course on 11th February, books haven't arrived yet. Does the registration cost is inclusive for books cost also? Or should I buy it seperate in the cds portal sir? Kindly pls do reply
latest answer
Ok sir
Evangeline Rebecca D
CA Final
★ 2K+
7
206
Pgbp
Direct Taxation
answered on 13-Mar-25 10:15
Scientific asset purchased for 1lac, claimed 100% depreciation & sale for 1.5lac 50000 will be capital gain or pgbp
latest answer
1L is taxed under PGBP and 50K under CG.
Sushmita Chowdhury
CA Inter
★ 2K+
1
219
year 2
Financial Reporting
answered on 17-Mar-25 10:06
Sir in the year 2 in the finacnials of the holding we will consider the investment as zero only and not negative (1,50,000) right, we recgonise only to the extent of our share of interest, just that while solving we have mentioned the clsoing balance as -1,50,000 in year 2, for helping subsquent calulation purpose am i right ?
latest answer
Closing balance is Nil at end of year 2.
Hemachandra D
CA Final
★ 9K+
1
177
Bid/Ask
AFM
answered on 20-May-25 20:28
i did not understood the logic of taking ask rate in borrowing for CAD, what i was thinking was i am borrowing CAD, means selling USD, means bank buy USD, hence bid rate, what am i getting wrong
latest answer
Borrowing
Hrishikesh Pradhan
CA Final
★ 18K+
3
235
Cost of funds
AFM
answered on 12-Mar-25 17:33
Sir, not understood the logic of calculating cost of funds on the upfront premium paid, this means we are paying interest on the amount which we have paid to the bank. Could you please clarify this concept with the help of an example.
latest answer
Cof premium
Hrishikesh Pradhan
CA Final
★ 18K+
1
197
Spot rate
AFM
answered on 12-Mar-25 17:40
In sub question 3, why dont we use spot rate if now, and why spot rate of 1 year ago ?
latest answer
Exch rate
Hrishikesh Pradhan
CA Final
★ 18K+
1
193
IND AS 40
Financial Reporting
answered on 12-Mar-25 14:08
Sir the property taken on lease and sub leased as operating lease comes under IND AS 40, Is the orginal lease taken shd be Finance lease? if orginal lease is operating lease then we cant show it as investment property right, Kindly correct if me if i am wrong,
latest answer
With Ind AS 116, there is no distinction between operating and finance lease for a lessee. So if the lease contract allows subletting, even ROU asset (which is an operating lease for lessor) can be classified as IP
R Yashwanth Kumar
CA Final
★ 87K+
1
181
Deduction
Direct Taxation
answered on 13-Mar-25 10:15
Is there any updated solution after ammendment?
latest answer
Right.
Mainak Chakraborty
CA Inter
★ 0
9
228
Contribution
AFM
answered on 12-Mar-25 12:04
In the question, they have mentioned average Contribution to sales ratio, average of what ?
latest answer
Average of all products
Hrishikesh Pradhan
CA Final
★ 18K+
1
190
Egm
Corporate & Other Laws
answered on 15-Mar-25 15:34
Rule 17(6) It says about requisitionist held egm within 3m ? It means company will send register of member to requisitionist within 3days ?
latest answer
Correct
Sushmita Chowdhury
CA Inter
★ 2K+
2
192